SOLUTION: The average value of a certain type of automobile was $14,100 in 1994 and depreciated to $7020 in 1998. Let y be the average value of the automobile in the year x, where x = 0 repr

Question 1152234: The average value of a certain type of automobile was $14,100 in 1994 and depreciated to $7020 in 1998. Let y be the average value of the automobile in the year x, where x = 0 represents 1994. Write a linear equation that models the value of the automobile in terms of the year x.
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Use the general point slope formula

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check answer:
( 4, 7020 )

OK
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